In the law of corporations, a merger is effected when one or more corporations becomes a part of, or merges, with another corporation so that one ceases to exist and the other continues to exist. In a merger, the company that continues to exist retains its name and identity and acquires the assets, liabilities, franchises, and powers of the corporation that ceases to exist. Attorneys who practice in mergers and acquisitions (sometimes called M & A) represent corporations and other business entities in strategizing, negotiating, and carrying out transactions in which two or more companies or corporations combine into a single new entity, a merger, or where one business purchases and absorbs the assets of another, an acquisition.
Clare is a city in Clare and Isabella counties in the U.S. state of Michigan. Located primarily in Clare County, the city had a population of 3,173 at the 2000 census. North-south US 127 forms the eastern boundary for much of the city and has a junction with east-west US 10 on the east side of the city. US 10 connects with Midland, 33 miles to the southeast, and with US 131 at Reed City, 44 miles to the west. US 127 connects with Mount Pleasant, 13 miles to the south, and with Harrison, 14 miles to the north. M-115 has is southern terminus in downtown Clare.